IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

Sharely Warehouse Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2026

Quick Summary

Sharely Warehouse Building is a industrial building in District 13 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 11 transactions are on record since 1995, at a median S$394 psf, most recently in Jun 2026. 4 units are currently listed for rent. ACRA records 18 live company registrations at this address.

The facts are here — now get the verdict on Sharely Warehouse Building.

Ask PropKaki

What are the key facts about Sharely Warehouse Building?

Key takeawaySharely Warehouse Building is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.

Asset class: Industrial
Land-use zone: BUSINESS 1
Gross plot ratio: 2.5
Tenure: Freehold
District / Area: District 13 · Geylang
Address: 51 Tannery Lane
Land area: 971 sqm
Completed: Not on record
Storeys: 10 (© OpenStreetMap contributors)
Strata units (MCST): 19
Managing agent: 1 PROPERTY ASSET MANAGEMENT PTE LTD
Strata formed: 1992 (MCST 1723)
Units with a recorded sale: At least 5
Transactions on record: 11 (records start 1995)
Live listings: 4
ACRA registrations: 18

About Sharely Warehouse Building

Sharely Warehouse Building is an industrial building in Geylang (District 13). It is located along Tannery Lane, Singapore 347798.

Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

The site is freehold. It sits on about 971 sqm of land with roughly 2,428 sqm of gross floor area.

11 transactions have been recorded here, at a median of S$394 psf. The most recent was in June 2026.

Across JTC's rental returns for Tannery Lane, the median rent for industrial space on this street works out to about S$1.66 psf per month over 106 observations. Observed medians on the street span S$1.00 to S$3.01 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 16,190 sqm of gross floor area, the earliest due around 2029.

The nearest port or airport land is about 6.3 km away. The closest business-park zone is about 1.6 km away. The nearest MRT is Mattar MRT, 550 m away (about a 9-minute walk). The closest bus stop (Opp Canossa Catholic Pr) is 244 m away (about a 4-minute walk).

29 businesses are currently registered at this address with ACRA.

What is Sharely Warehouse Building zoned as?

Key takeawaySharely Warehouse Building sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.

Land-use zone: BUSINESS 1
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has Sharely Warehouse Building sold for?

Key takeawayAcross 11 recorded transactions since 1995, the median price is about S$500k, most recently in Jun 2026.

Date	Use	Price	Area	PSF
Jun 2026	Warehouse	S$980k	1,378 sqft	$711
Jul 2019	Warehouse	S$700k	1,270 sqft	$551
Apr 2018	Warehouse	S$698k	1,270 sqft	$550
May 2016	Warehouse	S$720k	1,378 sqft	$523
Apr 2011	Warehouse	S$500k	1,270 sqft	$394
Aug 2010	Warehouse	S$340k	1,270 sqft	$268
Jul 2007	Warehouse	S$278k	1,378 sqft	$202
Apr 2006	Warehouse	S$240k	1,270 sqft	$189
Sept 2005	Warehouse	S$310k	1,270 sqft	$244
Jun 2005	Warehouse	S$260k	1,270 sqft	$205

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at Sharely Warehouse Building rent for?

Key takeawayNo rent is published for Sharely Warehouse Building itself. On its street, Tannery Lane, strata factory space rented at a median of $3.34 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Tannery Lane

Street level · 2026Q3

25th pct

—

— psm

Median

$3.34

$35.96 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +15.1% on a year earlier

2023Q4 · $26.03 psm2026Q3 · $35.96 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

Market context around Sharely Warehouse Building

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Factory (ground floor): Rent S$1.81 psf/mth
Factory (upper floor): Rent S$1.41 psf/mth
Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
Warehouse (ground floor): Rent S$1.91 psf/mth
Warehouse (upper floor): Rent S$1.39 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

Factory - Ground Floor: Rent S$1.79 psf/mth
Factory - Upper Floor: Rent S$1.57 psf/mth
High-Tech: Rent S$3.56 psf/mth
Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
Warehouse - Ground Floor: Rent S$1.81 psf/mth
Warehouse - Upper Floor: Rent S$1.49 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Sharely Warehouse Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Sharely Warehouse Building?

Key takeawayURA has approved 1 change of use at Sharely Warehouse Building since 2000, most recently in 2026. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

6 Oct 2026ApprovedFloor 7
Change of use to light industrial use
Proposed change of use of unit #07-XX to light industrial use at sharely warehouse building

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Tannery Lane price?

Key takeawayTannery Lane's current JTC street rent is S$35.96 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 5.3% (4.7% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$710

Indicative street yield

5.3% gross

4.7% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Street figures cover strata deals only — land and strata PSF are not comparable.

What is available at Sharely Warehouse Building right now?

Key takeaway4 units are currently listed at Sharely Warehouse Building. One row per unit; several agents often market the same unit.

For rent (4)

store for rent! (Tannery) no gst!S$800/mo · 270 sqft
own door window unit high ceiling for rent!S$3k/mo · 1,288 sqft
Tenant chooses; want unit with open concept or with existing rooms!S$3k/mo · 1,378 sqft
store for rent @ Tannery! no gst!S$925/mo · 315 sqft

Browse every listing at this building →

What is near Sharely Warehouse Building?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 550 m away.

Getting around

Mattar MRT550 m · ~9 min

Amenities nearby

CODE 4 Medical Clinic · 199 mOpp Canossa Catholic Pr · 244 mEducational Institution · 248 mMattar MRT Exit A · 491 mBlks 79/79A Circuit Road · 752 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Sharely Warehouse Building

Key takeawayThe nearest station is Mattar (DT25), 491 m away — a quiet station, with 9,848 taps in and out on an average weekday. 11 public car parks are within 500 m.

Foot traffic: busier than 87% of industrial buildings

nearest MRT/LRT Mattar (DT25) 491 m, about 9,848 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 7, about 11,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 40,000 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Stations within 1 km

Mattar (DT25)491 m · 9,848 weekday taps
Geylang Bahru (DT24)984 m · about 12,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Sharely Warehouse Building. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Soon Wing Rd (URA)135 m
S$0.60 per half-hour at midday on a weekday · 10 car lots
Tannery Lane (URA)166 m
S$0.60 per half-hour at midday on a weekday · 36 car lots
Genting Lane (URA)222 m
S$0.60 per half-hour at midday on a weekday · 43 car lots
Genting Lane Off St (URA)241 m
S$0.60 per half-hour at midday on a weekday · 38 car lots
Aljunied Rd (Minor) (URA)250 m
S$0.60 per half-hour at midday on a weekday · 19 car lots

Nearest URA season parking: Service Rd (Macpherson Rd), 552 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Sharely Warehouse Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Sharely Warehouse Building?

Key takeaway18 live companies (and LLPs and branches; sole proprietors are not counted) list Sharely Warehouse Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
8
Administrative and support services
4
Construction
3
Transportation and storage
2
Professional, scientific and technical services
1
Manufacturing
0
Information and communications
0
Financial and insurance
0
Other services
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.91 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$17.91 psm/mo
Observed range: S$10.76 – S$32.37
Pipeline on this street: 1 project · earliest TOP 2029

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

Frequently asked questions about Sharely Warehouse Building

Where is Sharely Warehouse Building?⌄

Sharely Warehouse Building is at 51 Tannery Lane, Singapore 347798, in the Geylang planning area.

What is Sharely Warehouse Building zoned as?⌄

Sharely Warehouse Building is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.

What kind of business can operate at Sharely Warehouse Building?⌄

Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of Sharely Warehouse Building?⌄

Sharely Warehouse Building is freehold.

What have units at Sharely Warehouse Building sold for?⌄

Across 11 recorded transactions, the median is S$394 psf. The latest was in June 2026.

What does industrial space near Sharely Warehouse Building rent for?⌄

JTC's rental returns for Tannery Lane put the median at about S$1.66 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tannery Lane, not a rent quoted for Sharely Warehouse Building itself.

What is the nearest MRT station to Sharely Warehouse Building?⌄

Mattar MRT is the closest, 550 m away (about a 9-minute walk).

How many businesses are registered at Sharely Warehouse Building?⌄

29 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.